PPP Loan information for Needco inc.

$96,400

Needco inc. was initially approved for PPP Loan of amount $96,400, the current approved amount is $96,400. The loan was approved on 04/09/2020 by The SmartBank reported 13 jobs and $96,400 was used to fund payroll.

Needco inc. is Existing or more than 2 years old

NEEDCO INC.

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NEEDCO INC.

Borrower Address

1240 RAIMUND MUSCODA RD

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35020-7208

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96400.00

Current Approval Amount

96400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35020-7208

CD

AL-07

Jobs Reported

13

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97369.36

Forgiveness Date

04/13/2021

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